Blackstone outbids Concord for Hipgnosis
Blackstone Inc., a private equity firm, has put forth a new $1.5 billion proposal to acquire Hipgnosis Songs Fund…
UBS to begin layoffs in June post Credit Suisse buyout
Swiss banking behemoth UBS will initiate five-stage layoffs starting in June as part of its cost-cutting programme…
India to overtake Japan as world’s 4th largest economy in ’25
India's nominal gross domestic product (GDP) is now expected to surpass Japan's in 2025, a year earlier than…
Tesla slashes self-driving software price to $8K in US
Tesla reduced the price of its Full Self-Driving (FSD) driver assistant software from $12,000 to $8,000 in the…
China begins carbon-14 isotope mass production
China has initiated the large-scale production of the carbon-14 isotope using a commercial nuclear reactor, as…
China’s natural gas production soars to 63.2b m3 in Q1
China's domestic natural gas production shattered records of 63.2 billion cubic meters during the January-March…
Tesla cuts prices by $2K in China, echoing US
Tesla, the electric vehicle (EV) manufacturer, slashed prices by nearly $2,000 across its models in China,…
China’s commercial vehicle sales jump 10% in Q1
China's commercial vehicle market saw a significant boost in the first quarter (Q1) of 2024.
Ukraine to resume limited power exports on Sunday
Ukraine is set to restart limited electricity exports this Sunday, according to the country’s energy ministry,…
Egypt’s licensed vehicles reach 9.9m – CAPMAS
The number of licensed vehicles in Egypt edged up 0.04 per cent to 9.95 million vehicles at the end of 2023.
